Hugh Hefner Net Worth

Hugh Hefner net worth is estimated at$43 million.
Hugh Hefner is the founder and the chief creative officer of the iconic American adult magazine “Playboy Enterprises”. Hefner has been awarded a star on the Hollywood Walk of Fame. He has also produced several television projects including the popular reality series “The Girls Next Door” which ran for six consecutive seasons.Hugh is highly educated and holds a degree in Psychology from the University of Illinois.
The phenomenal success enjoyed by “Playboy” magazine all around the globe became the primary source of Hugh Hefner net worth that has turned Hefner into a multimillionaire. The vast chunk of his wealth comes from his status as the majority shareholder in “Playboy Enterprises”. His annual income is speculated to be in the range of $3 million to $4 million. It is worth noting that just a few years back Hefner was worth around $200 million but suffered a significant erosion in his bank balance after the Playboy stock lost around 80% of it's value in a very short time span which negatively affected Hugh Hefner net worth.
The “Playboy” magazine founder leads the kind of lifestyle that causes much envy and heartburn to a lot of men around the world. Hefner resides in the iconic “Playboy Mansion” in the upmarket Beverly Hills neighborhood of Los Angeles, California valued at $54 million. The mansion is famous for the lavish parties thrown by Hefner which are always frequented by scores of beautiful “Playboy” models, thanks to the huge Hugh Hefner net worth. Hugh loves to be driven around in luxury cars and his garage boasts of some of the most iconic luxury vehicles in the world like Cadillac, Porsche and BMW. The man also dedicates a part of his spare time to charitable activities and has started the “The Hugh M. Hefner Foundation” with the stated aim to promote civil rights and liberties. this act added charisma to Hugh Hefner net worth.
Hefner was born in Chicago to working class parents and is the eldest of two siblings. Hefner's personal life has been very colorful and has always hit the headlines of many tabloids. He married Mildred Williams in 1949 and subsequently the couple were blessed with two children. Unfortunately their marriage fell apart and they divorced in 1959. After his divorce he acknowledged of being involved with many of his playmates. Hugh married his playmate Kimberly Conrad in 1989 and the couple had two sons but this marriage also collapsed and they separated after nine years. Soon Hefner started dating many young women including his new girlfriend Crystal Harris. He proposed to Harris on December 2010 by gifting her an engagement ring. The couple had planned to tie the knot in June 2011 but Crystal called off the wedding just a few days before the event. The couple have again re-united from July 2012.

"Life is too short to be living somebody else's dream."

"The major civilizing force in the world is not religion, it is sex."

"In my wildest dreams, I could not have imagined a sweeter life."

"The interesting thing is how one guy, through living out his own fantasies, is living out the fantasies of so many other people."

"I have no plans to retire. It's the perfect combination of work and play that keeps you young. If I quit work it would be the beginning of the end for me."

He is creator and publisher of Playboy Magazine.

He worked on the publishing staff of "Child Life" magazine.

He has served in the U.S. Army in WWII after graduating from Steinmetz H.S. in Chicago, IL in 1944.

He is of German and English ancestry and of Swedish descent.

He has a star on the Hollywood Walk of Fame for television and has made several movie appearances as himself.

Family & relationships

Hugh Hefner Wedding (1)

Renowned as the swingingest guy on the planet, the Playboy emperor and American magazine publisher Hugh Hefner added another beautiful woman to his list of wives and live-in partners. It was in 2010 that his divorce with Kimberly Conrad was finalized. Immediately after that, he got engaged to glamour model and singer, Crystal Harris in December 2010. However, she had called off the wedding, days before the ceremony in June 2011. The reconciliation came a year later with Hefner accepting Crystal's apology and the wedding finally took place as a small ceremony in Playboy mansion on New Year's eve.

Instead of the traditional lingerie shower that celebrity brides enjoy, Crystal had a bachelorette party with Disney-themed bridal shower. Though she had auctioned away the older, 3.39-carat circular-cut diamond ring worth about $90,000, the 86-year-old young-at-heart Hefner gifted her yet another for the nuptials. The bride wore a short black dress before changing into a pearly white wedding gown while Mr.Hefner donned a complete black suit with a bow. The entire Playboy mansion had been donned with flowers. Though, it is Hefner's third marriage, it is a first for Crystal.